Archive : News

BRUSSELS, Belgium: Belgian Brewer InBev proved Monday that it would buy its U.S rival Anheuser-Busch for $54 billion to make the world’s largest brewer. The acquisition means to have power over America’s largest brewer the No. 2 all-inclusive and brewer of Budweiser moves out of the country. Situated in St. Louis, Mo., Anheuser-Busch has in Read more

NEW YORK: Wall Street staggered through an added explosive session but closed by a highly regarded lucrative Thursday after a multibillion dollar transaction between Dow Chemical Co. and competitor Rohm and Hass Co. lend a hand counteract distress about the monetary sector and energy costs. Shares of mortgage business companies Fannie Mae and Freddie Mac Read more

SAN JOSE, Calif: Apple Inc.’s iPhone has an outstanding crush in the past year, quivering up the indigestible design of cell phones and protecting Apple a worthwhile wedge of the wireless business. To keep up this unforgettable performance and keep vacillating consumers and Wall Street contented, the company requires a remarkable second act with the Read more

SEOUL (Reuters): Hyundai Motor Co (005480.KS), South Korea’s crest auto manufacturer stated Sunday it had diminished its local sales target for this year by 6% as high oil and gasoline prices are disturbing badly to the consumer’s demands in Asia’s fourth largest economy. Meanwhile, KIA Motors Corp (000270.KS) and the country’s No.2 car producer alleged Read more

The declining economy increases the interest in coupons, according to Sharon Baker, The Chief Executive Direct of Shortcuts. Michael Fox who is doing her job in a “Telecommunication-Company (Call-Center)” is one of the famous couponers for quite a longer period of time, but she is suffering from scoffs and grouses customers as she handed over Read more

Starbucks shares fell down within two years and reached at 72 cents or 4.6% in the extended market while after the proclamation. They lost 12 cents by Tuesday at $15.62. Seattle-based Starbucks did not express which stores would be closed merely that they are expanded all over the country. But it did state 70 % Read more

LOS ANGELES: Leaders of the Screen Actors Guild and the Alliance of Motion Picture and Television Producers are striking an assuaging message as a deadline for contract termination looms. Union President Alan Rosenberg expressed on Sunday we don’t take up any more step in order to start a strike authorized vote by the members of Read more

TOKOYO- According to Japanese Govt. officials, there was a rise of 1.5 percent in core inflation in Japan. High food and gasoline prices were the basic cause behind rise core consumer price index. After a reinstatement of a gas tax by the government, the fuel price in the country began to jump. In May, overall Read more

After rising oil prices and persisting worries about the financial sector, stocks slowed down on Monday. The reason behind rising price was the disappointment that Saudi Arabia was not increasing oil production more than 200,000 barrels a day. On the New York Mercantile Exchange, light, sweet crude oil settled at $ 136.74 per barrel with Read more

NEW YORK: Citigroup is setting up fire thousands from its global investment-banking dissection, The Wall Street Journal published on Sunday. The Journal is referring to people well-known with the issue said that the layoffs are component of a plan to slash about 10 percent of the staff of about 65,000-member investment-banking group. Messages left with Read more

Economic recession is surpassing day by day all around the world as it was seen two weeks before, the oil prices reached at $134.59 led towards a mammoth amount of inflationary cycle and ruined the behavior of the people of the United States, hence they agitated against the Bush regime. The biggest impact of high Read more

As oil reached at $139.54 per barrel two weeks before has impacted greatly on the U.S economic structure. Today, million of the United States civilians are deadly worried while seeing at the hovering oil and gasoline prices rates. The economic is going on under the recessionary and inflationary cycle which is being carried on since Read more

NEW YORK (Fortune) AT&T’s iPhone price goes down diminishes the boom on its wireless competitors. The glistening new Apple (AAPL, Fortune 500) device with the significantly lower price has become a enticing crystal to somewhere else loyal Sprint (S, Fortune 500), Verizon( VZ, Fortune 500) and T-Mobile clients. The chilly aspect adjoined with a price Read more